Sage: Cloud Strategy Is Paying Off, But Priced In (OTCMKTS:SGGEF)

U.K.-based accounting software specialist Sage (OTCPK:SGGEF) has had a solid stock performance of late.

I last covered Sage with my “buy” note Sage: A Neglected British Software Company With A Long Growth Runway. My thesis was that Sage has

2022

2019

% variation

Revenue (£m)

1,947.00

1,936.00

1%

Operating Profit / (Loss) (£m)

367

382

-4%

Profit Before Tax (£m)

337

361

-7%

Profit after tax from continuing operations (£m)

260

266

-2%

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